collections Archives | Richard James

Tag : collections

client payment

How to Prevent or Minimize Client Payment Issues for Your Law Firm

Dec 28, 2017

An ounce of prevention is worth a pound of cure. —Benjamin Franklin   We previously discussed practical solutions to help you deal with late-paying or non-paying clients. Now, let’s discuss an even better approach: Keeping late payments from happening in the first place. By setting up a few proactive systems and processes, you can prevent […]

Billed But Not Collected – The Bane of Every Law Firm

Dec 28, 2012

I’ve been examining various aspects of law firm cash flow over the past few weeks. As mentioned previously, it’s essential that you have a system in place that tracks precisely how much money the firm is bringing in daily, weekly, monthly, quarterly and annually. Also, you need to know how much money is collected at […]

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